Cyprus Business News

The European Central Bank (ECB) this week pushed back against a European Parliament proposal that would limit the planned digital euro to offline use only, arguing instead for a hybrid ...

Cyprus was among EU member states where foreign-controlled companies accounted for the smallest share of jobs and economic output in 2023, despite such enterprises having a significant overall impact across the ...

Eurostat on Wednesday announced that the average annual full-time adjusted salary for employees in the EU surged by 5.2 per cent in 2024, however, Cyprus saw its average remain significantly below the ...

The safety of seafarers in times of geopolitical unrest dominated the opening sessions of the Seatrade Maritime Crew Connect Global conference in Manila, as industry leaders stressed the urgent need ...

Freedom Holding Corp., the parent company of Freedom24, reinforced its commitment to fostering global dialogue on innovation, energy, and regional cooperation by standing out as Silver Sponsor at the 21st ...

The National Bank of Greece (NBG) announced that, following the meetings of its Board of Directors held on September 18 and October 22, 2025, it will distribute an interim dividend to shareholders for ...

The Bank of Cyprus on Tuesday reported a profit after tax of €353 million for the nine months ended September 30, 2025, maintaining strong momentum amid robust economic conditions. “We are pleased to ...

Cypriot beverage-maker KEO has completed a major technological upgrade at its brewery in Limassol, installing six new high-spec fermentation and maturation tanks. According to the company, this is “part of ...

Total employment in the Cyprus government reached 54,976 people in October 2025, marking a small increase of 92 employees or 0.2 per cent compared with the same month in 2024. According to the Cyprus Statistical ...

The Bank of Cyprus on Tuesday reported a profit after tax of €353 million for the nine months ended September 30, 2025, maintaining strong momentum amid robust economic conditions. “We are pleased to ...

The Famagusta regional tourism board (Etap) announced on Tuesday that the district is becoming the first tourist destination in Cyprus to feature an AI-powered (artificial intelligence) digital assistant. “The board, ...

The value of property transfers in Cyprus reached almost €3.5 billion in the first nine months of 2025, according to the Real Estate Agent Registration Council.  In a statement released on Tuesday, ...

A series of practical workshops will run alongside the 2nd Women in STEM Cyprus Summit, ‘Voices of Change’, on November 21 in Nicosia, offering participants hands-on sessions on communication, career development ...

Alpha Bank has saw robust financial performance during the first nine months of 2025, with post-tax profits reaching €703.7 million and a landmark acquisition strengthening its position in the Cypriot market. The ...

Kyndryl Cyprus managing director Marios Kapiris recently assumed the role of president of the American Chamber of Commerce in Cyprus (AmCham Cyprus) for the 2026–2028 term, outlining an ambitious agenda to ...

Employee compensation in Cyprus is set to rise by about 6.9 per cent in 2025, reaching €4.1 billion, up from the €3.9 billion recorded during 2024, according to the Finance Ministry. The increase, which will ...

Eurobank announced on Wednesday that it has become the platinum sponsor of the Cypriot Olympic Committee (COC) for the period 2025–2028. According to the announcement, this affirms the bank’s “long-standing ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it reached a €225,000 settlement with Cyprus investment firm FXNET Limited for possible violations of both a markets law and ...

Limassol continues to dominate Cyprus’ property landscape, holding the highest rental values on the island and showing little sign of easing despite new construction activity, as recent market data confirm. ...

The Cypriot economy continues to expand at one of the fastest rates in the euro area, supported by strong fundamentals, a diversified structure and a resilient banking system. According to ...

Cyprus recorded the strongest retail trade performance in the European Union in September 2025, according to data published by Eurostat this week. The volume index of retail trade in food, drinks ...

Cyprus’ trade deficit for the first nine months of the year grew to €5.88 billion, according to provisional data released on Monday by the state statistical service (Cystat). Total imports of ...

The Cypriot Agricultural Payments Organisation announced this week that it had completed payments to beneficiaries under a strategic plan for 2023–2027. The latest payment was specifically for the financial year 2025, providing ...

The Central Bank of Cyprus (CBC) on Monday organised a series of educational workshops for sixth-grade primary school pupils to mark World Savings Day. The workshops were held in collaboration ...